Understanding the FDD How “Protected” is Your Territory? By Joseph J. Gottlieb Shires, Peake & Gottlieb, LLC In the FDD, the franchisor is required to disclose whether the franchise will receive an exclusive or protected territory for its franchised business. It is extremely important to review this disclosure item carefully to determine…
Due Diligence for the Franchise Buyer – Beyond the FDD – Part 1 By Joseph J. Gottlieb Stout Kaiser Matteson Peake & Hendrick, LLC A thorough review of the FDD will leave many unanswered questions for the prospective franchisee. The due diligence process must go far beyond acceptance of the mandatory disclosures found in…
The Franchise Disclosure Document “Everything The FTC Wants You To Know About The Franchisor” By Joseph J. Gottlieb, Esq. Stout Kaiser Matteson Peake & Hendrick, LLC Background and Summary The Franchise Offering Circular, also known as the FDD, is the disclosure document provided to all potential franchisees to review in order to evaluate the franchise.…